Financial stepping stone: Mercedes-Benz and FUSO officially launched Daimler Financial Services with Eximbank in Vietnam

Mercedes-Benz is the first luxury car company to launch a financial support program in the Vietnamese market
Eximbank is one of the leading banks in Vietnam and one of the financial institutions with strong growth in providing reputable and quality products and services to serve the community.
Mercedes-Benz "one-stop" service helps customers receive financial support and secure their dream car right at the dealership without having to go to the bank.
FUSO services provide business customers with competitive financial support for FUSO truck and passenger car products
Fast credit appraisal process with results within just 30 minutes.

Representatives of Eximbank, representatives of Daimler Financial Services and representatives of Mercedes-Benz Vietnam at the service launch ceremony.

On July 31, 2017, Mercedes-Benz Vietnam, including the passenger car division and commercial vehicle division, officially introduced a financial support service program for Mercedes-Benz and FUSO products in the Vietnamese market. . This new financial product is a collaboration between Daimler Financial Support Services, the company's global financial services division, and Vietnamese bank Eximbank.
"With the launch of financial service products in the Vietnamese market, we bring convenience to customers to own a Mercedes-Benz car, or a FUSO truck or bus" , shared Mr. Hunerland Thomas, Vice President of Marketing and Sales, Daimler Financial Services Division, Africa and Asia-Pacific. "As the first luxury car brand to launch financial services on the market, we give customers more options and accompanying amenities with a fully available support process at the dealership."

With a team of highly trained staff from Eximbank on duty at genuine Mercedes-Benz dealerships, customers can apply for financial support using just their ID card and receive preliminary results. within just 30 minutes. Once the necessary documents have been fully prepared and approved, customers can sign the contract right at the dealership, and can choose an additional insurance package.

"By integrating financing solutions across our vehicle portfolio including genuine new and used vehicles, service and spare parts at authorized dealers, we can now provide a one-stop service to meet customers' transportation needs. We hope customers will be more satisfied than ever thanks to the convenience and ease of driving a dream car home," Mr. Choi Duk Jun, Managing Director Mercedes-Benz Passenger Car Division said.

Mr. Rainer Wurmbach, Managing Director of Mercedes-Benz Vietnam, added that FUSO financial service interest rates are considered the most competitive in the bus and truck market.

"Higher-than-market credit limits and support packages including packaging, insurance and maintenance costs contribute to making this program more attractive. With 90% of truck and bus customers needing support, Financial support and FUSO services will play an important role in meeting that need," said Mr. Wurmbach.

Financial Support Services by Mercedes-Benz and FUSO offer a standard loan program with competitive interest rates (7.5% for the first year) for new vehicle products with terms ranging from 12-84 months, and the number Down payment ranges from 10-20%. Incentive policies bring more attractiveness to the financial support program. To help customers understand and experience the new financial support program, FUSO will apply a preferential interest rate of 4.99% to all customers who deposit and purchase truck and passenger car products from the date August 1-31.

"We are very pleased to be a partner of Daimler Financial Services, working with Mercedes-Benz and FUSO Vietnam to bring customers new products at competitive prices," Mr. Le Minh Quoc, Chairman of the Board of Directors of EXIMBANK shared. "Our goal is to minimize financing procedures to the simplest and fastest level possible right from the appraisal step to the contract signing stage, helping customers immediately drive home a Mercedes-Benz or return to work." work with a FUSO truck, bus or Mercedes-Benz van."

About Daimler

Daimler AG is one of the most successful car companies in the world. With the segments Mercedes-Benz passenger cars, Daimler trucks, Mercedes-Benz vans, Daimler buses and Daimler Financial services, the Daimler Group is one of the largest premium car manufacturers and a among the world's largest commercial vehicle manufacturers with global reach. Daimler Financial Services offers products such as: financing, leasing, fleet management, insurance, financial investments, credit cards, and innovative automotive services.

Company founders Gottlieb Daimler and Carl Benz made history with the invention of the automobile in 1886. As a pioneer in automotive engineering, Daimler continues to shape the future of the industry. today's auto industry: The group focuses on green technology and innovation as well as premium and safe cars that are attractive and appealing. Daimler is therefore investing in the development of alternative powertrains with the long-term goal of emission-free driving: from hybrid vehicles to battery or fuel cell electric vehicles. Furthermore, the company follows a consistent path towards accident-free driving and intelligent connectivity to self-driving cars. This is just one example of how Daimler is willing to accept the challenge of fulfilling its social and environmental responsibilities.

Daimler trades vehicles and services in most countries around the world and has production facilities in Europe, North and South America, Asia and Africa. Besides the world's most valuable premium automobile brand, Mercedes-Benz, as well as Mercedes-AMG, Mercedes-Maybach and Mercedes me, Daimler's current brand portfolio includes the smart, EQ, Freightliner, Western brands Star, BharatBenz, FUSO, Setra and Thomas Built Buses, and the Daimler Financial Services brands: Mercedes-Benz Bank, Mercedes-Benz Financial Services, Daimler Truck Financial Services, moovel, car2go and mytaxi. The company is listed on the Frankfurt and Stuttgart stock exchange (DAI). In 2016, the Group sold about 3 million vehicles and employed human resources including 282,488 workers; Total revenue reached 153.3 billion Euros and EBIT reached 12.9 billion Euros.

Mercedes-Benz Financial Services and FUSO Financial Services are trademarks of Daimler Financial Services. Financial products and services provided by Eximbank.

About Eximbank

After more than 27 years of operation, Vietnam Export-Import Bank (Eximbank) is currently one of the leading banks in Vietnam and one of the financial institutions with strong growth in providing financial products. Prestigious and quality products and services to serve the community. Along with the sustainable development strategy with innovation as the core, Eximbank is continuing to continuously improve its competitiveness and innovation is a long-term investment to create more benefits for customers. client.

With positive innovations based on its existing foundation and potential, Eximbank is confidently on the path to strive to become a universal bank among the top strongest banks in Vietnam. Along with reputation and brand stature, Eximbank wishes to meet all customer needs with the quality and diversity of products and services, promoting mutually beneficial cooperation. In addition, Eximbank also aims to increasingly build a corporate culture with community identity, contributing to the Vietnamese economy.

Vietnam Import-Export Commercial Joint Stock Bank has a wide area of ​​operation across the country with its Head Office located in City. Ho Chi Minh and more than 200 transaction points nationwide.